13 May

More seeking houses for sale in Kent?

More seeking houses for sale in Kent?

Househunters looking for property for sale in Kent may be cheered by the news that the supply of property increased nationally during April, buoyed by sellers who returned to test the ground of the spring housing market, according to research.

The latest Royal Institution of Chartered Surveyors (Rics) UK Housing Market Survey found that 18 per cent more chartered surveyors reported a rise rather than a fall in new instructions during the month, a significant increase from just four per cent more in March.

While spring is typically a busier time anyway, as the warm weather brings more people out to search for properties for sale in Kent and other parts of the country, Rics' respondents suggested that stabilising house prices could also be behind the rise in interest.

However, Michael Newey, spokesperson for Rics, said property professionals should not break out the champagne just yet.

"The return of sellers to the market is positive, but activity still remains subdued and it is difficult to see it picking up materially over the coming months," he said.

Part of the reason behind the blockage is the ongoing shortage of mortgage lending, which could hamper the efforts of people looking for houses for sale in Kent and around the country.

"Although there are signs that some lenders may be reducing their grip on the purse strings, in particular with mortgages aimed at first time buyers, there is still a long way to go before lending levels increase enough to have any real impact," added Mr Newey.

There was a positive outlook for the future, though, as 11 per cent more surveyors predicted sales to increase rather than decrease over the next three months.

People searching for houses for sale in Kent may be interested to learn that the county has three universities, and has 38 of the 164 remaining grammar schools in Britain.ADNFCR-1222-ID-800533702-ADNFCR

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